busyness today: 2024-05-03 20:51:00

Apple’s Record Stock Buyback Plan Spurs 7% Surge in Shares, Boosts Market Cap to $2.86 Billion

Apple Shares Soar After Record Stock Buyback Plan

Apple has announced its largest ever buyback authorization — $110 billion — leading to a 7% jump in shares, which added nearly $200 billion to the tech giant’s market capitalization and lifted it to $2.86 billion. The move comes as Apple sought to reassure investors that product updates will drive demand, following months of sluggish growth that had led some investors to doubt the company’s status as a must-own stock.

A Strong iPhone Cycle Fueled by AI Functionality

Bernstein analysts have suggested “a strong iPhone 16 cycle fueled by AI functionality as well as elongated re

Read the full story:

Apple’s Record Stock Buyback Plan Spurs 7% Surge in Shares, Boosts Market Cap to $2.86 Billion

Vegan influencer will go to prison for letting his baby starve; “My son fed on the Sun”

MEXICO CITY (apro).– A Russian court sentenced a vegan influencer named Maxim Lyutyi to eight years in prison after he let his son, Kosmos, who was only one month old, die.

The 44-year-old man subjected the newborn to a pranic diet, which consists of people spending a long time without eating food, to be “nourished” only by the Sun, as if they were plants doing photosynthesis.

“My son fed on the Sun.

Read the full story:
https://www.worldysnews.com/vegan-influencer-will-go-to-prison-for-letting-his-baby-starve-my-son-fed-on-the-sun/

Bitcoin crash was caused by small investors

#Bitcoin #crash #caused #small #investors

Of all the financial institutions that you now find in the world of cryptocurrencies and blockchain, JPMorgan is one of the most negative. Many prices have fallen significantly since mid-March. You would think that this would be an excellent reason for the American investment bank to be bearish again, but that turns out not to be so bad. The crash is said to have been caused by private investors.

Start with crypto for free 📈: All Dutch people will receive free crypto in April

Institutes still have bitcoin

That writes CoinDesk, which read a research report for customers of the largest bank in the world. JPMorgan analysts led by Nikolaos Panigirtzoglou have been relatively ‘cautious’ for some time, and this has not changed yet. The bitcoin rate has fallen by more than 20% since its peak in March, and by about 16% in April. L

Read the full story:

Bitcoin crash was caused by small investors

LEGAL SECURITY – Civil and commercial jurisprudence are getting closer

The committee for developing the case law report met in Ampefy.

A collection of case law in civil and commercial matters is being developed, with the aim of ensuring better application of the law and more equitable and inclusive justice. A text standardization workshop took place in Ampefy on Friday.

Its main objective: “to unify Malagasy jurisprudence, limit appeals on points of law, avoid disparities in judgment and guarantee legal certainty for all litigants”, according to an official press release. This initiative aims to consolidate and make accessible a reliable and up-to-date case law database by 2025. This resource will serve as a

Read the full story:

LEGAL SECURITY – Civil and commercial jurisprudence are getting closer

Methane lags behind gas. Fuel has not returned to pre-war prices

Drivers of compressed natural gas vehicles (Methane) they still fill up at a lower price than if they drove on petrol. The price of CNG mainly depends on the price of natural gas, therefore it has undergone significant fluctuations in recent years. Although it started to decline last year, it has not reached its pre-crisis level.

Currently the average price of methane in the Czech Republic is around CZK 36.5 per kg. In 2023, the average price was CZK 37.07 per kg of methane. At the same time, the wholesale price of natural gas fell by almost a third compared to the previous year.

“In recent months, the price of natural gas on the spot market has been between 30 and 60 euros per MWh, any negative news from the world can be reflected in an increase of up to 20 euros per MWh in a matter of days,” says Václav Holovčák, member of the board of directors of Bonett, which operates a network of methane stations in the Czech Republic.

What are LPG and Methane?

  • LPG it is liquefied petroleum gas, it is produced by refining oil. It is always a mixture of propane and butane in different proportions.
  • Methane it is compressed natural gas, composed mainly of pure methane. Its production does not depend on oil.
  • Both LPG and methane are considered a more environmentally friendly alternative to petrol and diesel, similar to electromobility.

The methane prices at the different stands depend on the supplier’s purchasing strategy and therefore do not exactly copy the development of the wholesale market.

“We not only purchase the gas for the CNG refueling machines on the spot markets, but also in advance with regards to reliability and security of supply. The resulting price is therefore a combination of spot and forward prices,” explained

Read the full story:

Methane lags behind gas. Fuel has not returned to pre-war prices

Special market held at night to sell ‘flashing’ animals

Mr. Pham Van Phung (fisherman of Thu Thuy ward) shared: “From 5pm, we will drag the basket boat into the sea, fishing until about 8pm before returning to shore. On days when the sea is calm, each boat can catch 2 – 3kg/night. There are times when there are too many customers and there isn’t enough squid to sell. There are also days when the sea is rough and I go out fishing all night but only get 2-3 squid fish.”

According to fishermen, most of the squid caught are sold out overnight, on days when there are not enough squid for tourists to sell.

Knowing that Cua Lo beach had squid at the beginning of the season, Mr. Tran Minh Phuc (Hung Nguyen district, Nghe An) went down to the beach late at night to choose what to buy. “No one is addicted to squid, just waiting for the summer to enjoy it. The squid is fresher and sweeter than other squid sold at the market. I struggled to buy a few bunches” – Mr. Phuc sai

Read the full story:

Special market held at night to sell ‘flashing’ animals

Trump wants higher China tariffs – that could fuel inflation

Former US President Donald Trump and Chinese President Xi Jinping on November 9, 2017. Fred Dufour/AFP/Getty Images

Trump has plans for a general tariff of at least 10 percent on imports, he told Time Magazine.

He argues that such a levy would not lead to increased inflation.

But a study by the nonpartisan Tax Foundation suggests otherwise, saying Trump’s 2018 trade war was also economically damaging.

This is a machine translation of an article from our US colleagues at Business Insider. It was automatically translated and checked by a real editor.

Former US President Donald Trump has made it no secret that he plans to build a wall of tariffs around the US, with higher rates for those he sees as standing in the way of American trade.

If he is elected, he will propose, among other things, a general tariff of ten percent on all imports into the country, although Trump agrees „Time Magazine“ recently said that number could be even higher.

China could face tariffs of up to 60 percent, which Trump believes would bring production back to U.S. shores. “I call it a ring around the country, also a reciprocal tax,” the Republican candidate said in a wide-ranging interview with the magazine. “And when we do that, the numbers are staggering.”

Read too

Explosive court documents provide deep insights into what happened between Donald

Read the full story:

Trump wants higher China tariffs – that could fuel inflation

The Central Bank warns against closing Iraq’s account with the US Federal Reserve: it will put our money at risk (documents)

2024-04-01T18:24:53+00:00

A-
A
A+

/ On Monday, the Central Bank of Iraq revealed the legal basis for depositing oil revenues in the US Federal Reserve.

According to documents issued by the bank and viewed by Agency, “The legal basis for depositing oil revenues in the Federal Reserve Bank of New York in the IRAQ2 account alternative to the DFI account is the expiration of the extension of the Executive Order issued by the US President No. 13303 issued in March 2003.” According to which immunity was granted to the Iraqi funds deposited in the Iraqi Development Account (DFI) at the time, and the end of the United Nations protection over Iraqi funds that was granted to it under U

Read the full story:

The Central Bank warns against closing Iraq’s account with the US Federal Reserve: it will put our money at risk (documents)

Zegna doubles profits and increases coupon

MILAN – The Zegna group closes 2023 by doubling profits to 135.7 million euros107.8% compared to 65.3 million in 2022. Revenues rose to 1.9 billion, an increase of 27.6% compared to the 2022 financial year (+19.3% organic growth, not counting Tom Ford) with a adjusted operating profit of 220.2 million equal to 11.6% of sales (from 10.6% in 2022), with a improvement significant both for the Zegna brand and for Thom Browne. Strengthened by these results, the Piedmontese company listed on Wall Street will propose to its shareholders to approve the destruction of a dividend of 0.12 euros

Read the full story:

Zegna doubles profits and increases coupon

Best Investment Strategies and Market Analysis from C’est Votre Argent Show on BFM Business

2024-05-03 18:58:07

Friday 3 May, the best investment for the money in today’s context, was discussed by Patrice Gautry, Chief Economist of Union Bancaire Privée, Valentine Ainouz, Head of Rate Strategy at the Amundi Institute, Eric Lewin, Editor-in-Chief of Agora Publications, and François Chaulet, Managing Director of Montsegur Finance , received by Marc Fiorentino in the show C’est Votre Argent on BFM Business. Find the show on Friday and listen to it again as a podcast.

This Friday, May 3, 2024, Eric Lewin, Editor-in-Chief of Agora Publications, and François Chaulet, Managing Director of Montsegur Finance, looked at the securities of Robertet, Technip Energies and Dassault Systèmes, in Should we buy or should we sell? in the show C’est Votre Argent presented by Marc Fiorentino. It’s Your Money can be seen or listened to on Fridays on BFM Business.

Friday 3 May, the market, correction or rebound? was spoken by Patrice Gautry, Chief Economist of Union Bancaire Privée, Valentine Ainouz, Head of Rate Strategy at Amundi Insti

Read the full story:

Best Investment Strategies and Market Analysis from C’est Votre Argent Show on BFM Business

Share this post :

Facebook
Twitter
LinkedIn
Pinterest

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News